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Mar 19, 2013
03/13
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way ahead of the economy. the economy is not doing badly. >> neil: what is behind the companies spending all this cash in apple's case, hiking its dividend, and everything else? they're doing something didn't used to do. are you encouraged by that? look can how they're spending that? >> well, hiking the dividends, increasing the buybacks don't increase competitiveness. so if you don't get demand in this economy, don't get growth this, whole idea about jobs -- we have this conversation all the time. people talking about, let's have more job. why aren't people hiring? because we don't have the demand, and we've got to create a society that looks at growing the pie, making the pie bigger, getting gdp up to 3-1/2 to 4%, and letting everybody benefit from the growth. that what we're after. >> neil: you were back running ge and you vastly expanded that empire -- you would not be inclined to expand plant equipment, maybe if you had a cash to work with you would you do the stuff apple is doing, the kind of stuff comca
way ahead of the economy. the economy is not doing badly. >> neil: what is behind the companies spending all this cash in apple's case, hiking its dividend, and everything else? they're doing something didn't used to do. are you encouraged by that? look can how they're spending that? >> well, hiking the dividends, increasing the buybacks don't increase competitiveness. so if you don't get demand in this economy, don't get growth this, whole idea about jobs -- we have this...
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Mar 17, 2013
03/13
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eye 73
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it does not do juss justice to our economy. ts unfair to the people depending on these critical safety net programs. with that, i yield to the ranking member mr. van holland for his opening statement. >> thank you, mr. chairman. again i want to thank all the members of the committee as we gather here at what is a very important moment for our country. thanks to the ingenuity and resilience of the american people, and the emergency actions taken by the president and the congress four years ago, we are continuing to recover from the worst recession since the great depression. momentum in the job market continues to grow. but we still have a long way to go to help put people back to work to accelerate economic growth, and to boost small business hiring. yes, we must and can steadily reduce our deficit and reduce and stable lies the debt but we should do that in a way that immediately reduces the job deficit. rather than a budget that immediately makes that job deficit worse. unfortunately, this republican budget fails that very si
it does not do juss justice to our economy. ts unfair to the people depending on these critical safety net programs. with that, i yield to the ranking member mr. van holland for his opening statement. >> thank you, mr. chairman. again i want to thank all the members of the committee as we gather here at what is a very important moment for our country. thanks to the ingenuity and resilience of the american people, and the emergency actions taken by the president and the congress four years...
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Mar 15, 2013
03/13
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when that happens we will grow our economy, because we need to grow our economy and not our government. that is the key. we have to grow our economy and not our government. when we do that, i think we will unleash opportunities in this country. another issue i find incredibly important is the issue of school choice. i'm a big believer in school choice. it's a part of the opportunities of our future. if we remember that every parent deserves a choice. and every child deserves a chance. i think back to my young days growing up in a single-parent household. i think about the tough times that my mother who worked 16 hours a day, she went to work every day all day long, came home. when my grades were bad, she would pull out is which. switch. as a freshman in high school, i did not do very well. , was failing world geography civics, spanish, and english. when you fail spanish and english, they don't call you bilingual. they call you ignorant because you cannot speak any language. that's where i was. i had the blessing of meeting a conservative republican who became my mentor, a man named joh
when that happens we will grow our economy, because we need to grow our economy and not our government. that is the key. we have to grow our economy and not our government. when we do that, i think we will unleash opportunities in this country. another issue i find incredibly important is the issue of school choice. i'm a big believer in school choice. it's a part of the opportunities of our future. if we remember that every parent deserves a choice. and every child deserves a chance. i think...
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Mar 14, 2013
03/13
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FBC
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting uninine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ rth ] boris' small business earns 2% cash back on every pchasevery day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your walle gerri: a game chang
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting uninine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers....
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Mar 14, 2013
03/13
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FOXNEWSW
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we we believe we need to grow the economy. and miss policies, grow the government at the expense of growing the economy. >> you know what i think is also peculiar about the budget path to prosperity the republicans budget and the senate came out foundation for growth restoring the promise of american opportunity. what's wrong with just saying the senate budget and the house budget. you guys jazz up these names, sort of like you package the branded and i think the american people, they just want a budget. >> just give me a budget. well, it's pretty straight forward and most americans deal with that and i think that most americans also realize that they could live on what the house budget has proposed, 3.4% increase in spending over the next ten years, but it's 4 1/2 trillion dollars less in spending than what the senate democrats are putting forward and the senate democrat budget 1.5 trillion dollars tax increase on top of the 1.7 tri increase we've already seen out of the administration. >> they're going to through closing loo
we we believe we need to grow the economy. and miss policies, grow the government at the expense of growing the economy. >> you know what i think is also peculiar about the budget path to prosperity the republicans budget and the senate came out foundation for growth restoring the promise of american opportunity. what's wrong with just saying the senate budget and the house budget. you guys jazz up these names, sort of like you package the branded and i think the american people, they...
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Mar 13, 2013
03/13
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CSPAN
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eye 100
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balancing the budget helps our economy. it gives us a healthy economy and a progrowth economy. this is a goal we should all have. thank you. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> president obama met with senate democrats to discuss issues including the budget. party leaders spoke with reporters about their differing budget proposals. >> we are seeing a contrast. the present -- the president is reaching out to republicans. and the senate, we are working out a bill to advance a compromise that will protect middle-class families. tomorrow, senator murray will introduce her bill that represent a balanced approach to what we need to do with the economy. on the other side, house republicans are moving further away from a compromise. house republicans are advancing the ryan republican budget that is more extreme and propaganda that we have seen in the past. the ryan republican budget slices critical programs and set of asking the wealthiest to pay more. he is going after education, healthcare, research, pris
balancing the budget helps our economy. it gives us a healthy economy and a progrowth economy. this is a goal we should all have. thank you. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> president obama met with senate democrats to discuss issues including the budget. party leaders spoke with reporters about their differing budget proposals. >> we are seeing a contrast. the present -- the president is reaching out...
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Mar 13, 2013
03/13
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FOXNEWSW
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so balancing the budget helps grow the economy today. it helps people struggling for workers and helps families going from paycheck to paycheck get better paychecks so they can have a better life. this is why we're proposing these things. our welfare reforms, we're asking the basic question, should we measure poverty fighting by how we measure programs or how many people are out of poverty or-- that's the point we're trying to make here, how do we make people's lives better and balancing the budget is a means to that end. >> sean: 50 million americans of record in 2012, nearly 50 million americans on food stamps, one in six americans in poverty, 6 trillion in new obama debt. and we're trying to put myself in your position. i know you met with the president earlier this week and i knew when your budget was going to be released, or i guess last week you met with him, that he'd demagogue it, he did it within five minutes of your release, pretty much. did you ever challenge him on these issues that every time somebody talks about balancing t
so balancing the budget helps grow the economy today. it helps people struggling for workers and helps families going from paycheck to paycheck get better paychecks so they can have a better life. this is why we're proposing these things. our welfare reforms, we're asking the basic question, should we measure poverty fighting by how we measure programs or how many people are out of poverty or-- that's the point we're trying to make here, how do we make people's lives better and balancing the...
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Mar 13, 2013
03/13
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CSPAN2
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, on the economy altogether. obamacare includes more than 20 tax increases. the joint committee on taxation estimates that over the next ten years obamacare will raise $1 trillion in taxes. that's $1 trillion from the private sector that's not going to be available to use -- be used to hire new workers. job losses, just in the medical device industry, as a result of the medical device excise tax could total as much as $47,100 or 10% of the medical device industry employment. those job losses are not needed -- those job losses are not driven by market conditions. those job losses are driven by one thing, which is the policy decisions of the federal government to implement obamacare. on march 5, 2013, russell george the inspector general for the i.r.s., testified to the house committee a eption pros. "it is unprecedenced in recent history the amount of responsibility the i.r.s. is being given in an area that most people don't think of as an i.r.s. function." he went on, "this is going to lead to problems." the cong
, on the economy altogether. obamacare includes more than 20 tax increases. the joint committee on taxation estimates that over the next ten years obamacare will raise $1 trillion in taxes. that's $1 trillion from the private sector that's not going to be available to use -- be used to hire new workers. job losses, just in the medical device industry, as a result of the medical device excise tax could total as much as $47,100 or 10% of the medical device industry employment. those job losses...
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Mar 13, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual fus beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expses to read and consider carefully before investing. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. gerri: a whole new game for obamacare. we have the details in 60 seconds. gerri: a game changer for the state of arkansas. the governor has proposed using funding from obamacare to buy health insurance for the poor from the private market. a little complicated, but interesting. the state has received the go-ahead from the department of health and human services to pursue
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual fus beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expses to read and consider carefully before investing. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind......
107
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Mar 16, 2013
03/13
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CSPAN
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eye 107
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growth at every stage to get the economy booming. we need to repeal obamacare. [applause] [captioning performed by the national captioning institute] [captions copyright national cable satellite corp. 2013] >> we need to repeal. frank. -- dodd-frank. talk about a bill you don't have to read any further than the title. [laughter] we need to eliminate corporate welfare. [applause] need to build the keystone pipeline. [applause] we need to rein in the epa. [applause] in west texas, the epa is trying to use a lizard to shut down oil and gas production. do you know my view of lizards? they make darn fine boots. [applause] we need to audit the fed. [applause] and we need to stop qe infinity. we need to abolish the u.s. department of education. [applause] education is too important for it to be governed by bureaucrats in washington, taking choices away from parents and kids. [applause] and we need to champion school choice. [applause] the civil rights issue of the next generation. i would like to see more democrats going and explaining to young kids trapped in failing
growth at every stage to get the economy booming. we need to repeal obamacare. [applause] [captioning performed by the national captioning institute] [captions copyright national cable satellite corp. 2013] >> we need to repeal. frank. -- dodd-frank. talk about a bill you don't have to read any further than the title. [laughter] we need to eliminate corporate welfare. [applause] need to build the keystone pipeline. [applause] we need to rein in the epa. [applause] in west texas, the epa...
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Mar 14, 2013
03/13
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CSPAN
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eye 83
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danny the economy moving again. getting our debt crisis under control so we may preserve the american dream. these are precisely the priorities that are incorporated in our house republican budget. american families know the federal of rigid federal government should not be spending more than it has. the budgets that have been proposed by the president in the past have never gotten a balance. -- gotten to balance. the president missed the legal deadline of february 4 to send in a budget. past experience tells us when he gets around to it, it will likely not balance, either. american families cannot live this way and neither should the federal government. democrats have not adopted a budget in four years. they will do one this year because of the no budget, and no pay bill. we look for to see in that budget. the test is to see whether or not they can pass that budget out of their own committee and chamber. we're which it will enough democrats be willing to endorse a plan with more so washington can spend more? that i
danny the economy moving again. getting our debt crisis under control so we may preserve the american dream. these are precisely the priorities that are incorporated in our house republican budget. american families know the federal of rigid federal government should not be spending more than it has. the budgets that have been proposed by the president in the past have never gotten a balance. -- gotten to balance. the president missed the legal deadline of february 4 to send in a budget. past...
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Mar 13, 2013
03/13
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CSPAN
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eye 111
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and it hurts the overall economy. 2/3 of our economies consumer spending. you live in michigan -- i don't know if he said you live near the car industry or anything. he could become wealthy as a car industrialist ... employees could buy a car -- unless his employees could buy a car. if you don't pay people the minimum wage at how will share in the growth, the economy won't grow. you talk about waste, fraud, and abuse, and i agree with you about that. of course, the sequester is no way to do it, taking hatchet to the budget without looking at ways we could trim the budget and eliminate duplicative programs. but thank you for your question. host: the president meets with you on thursday. what do you think of the meanings and the way he has been meeting with republicans when it comes to budget and spending issues? guest: when he doesn't meet with people, he is accused of being distant and aloof. when he does meet with us, then he is caving. i know that people in my party become very paranoid and upset -- "oh, he is meeting with those terrible republicans." hos
and it hurts the overall economy. 2/3 of our economies consumer spending. you live in michigan -- i don't know if he said you live near the car industry or anything. he could become wealthy as a car industrialist ... employees could buy a car -- unless his employees could buy a car. if you don't pay people the minimum wage at how will share in the growth, the economy won't grow. you talk about waste, fraud, and abuse, and i agree with you about that. of course, the sequester is no way to do it,...
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Mar 21, 2013
03/13
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CSPAN
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eye 81
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economy are profound. we just passed a budget for the next year, next fiscal year in the house of representatives. i'm grateful that the budget did allow space for the reformation of this health care law, removal of this health care law, i think we are also joined by another gentleman from texas who wanted to speak briefly about some of the economic effects. i'm happy to recognize my friend, mr. gohmert, from tyler, texas, to speak on the economic effects. mr. goalert: thank you. i'm so -- mr. gohmert: thank you. i'm so proud of the doctors in the caucus, dr. harris, dr. roe, dr. gingrey. we got so much knowledge and wisdom when it comes to health care. and to have those resources not consulted at all but rather dictated to by people who didn't have a clue what they were doing. and all those promise that is were made. you can keep your insurance. well, we now know millions have not, will not. if you like your doctor you can keep them. i talked to doctors as i know you-all have, many friends, who say becaus
economy are profound. we just passed a budget for the next year, next fiscal year in the house of representatives. i'm grateful that the budget did allow space for the reformation of this health care law, removal of this health care law, i think we are also joined by another gentleman from texas who wanted to speak briefly about some of the economic effects. i'm happy to recognize my friend, mr. gohmert, from tyler, texas, to speak on the economic effects. mr. goalert: thank you. i'm so -- mr....
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Mar 14, 2013
03/13
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same economy. what we don't see as clearly are the jobs that are destroyed or prevented from performing as the government first takes that dollar out of the economy. we see those lost jobs and chronic unemployment and a stagnating economy. the government cannot create wealth. can transfer jobs from the productive sector to the government sector by taxing one and spending on the other. it can transfer jobs from one part of the productive sector by taxing and transfer them to another part by subsidizing it. but it cannot create jobs. these policies are causing enormous damage to our economy, and i wish you folks would stop it. [laughter] >> we are running close on time. mr. williams, for two minutes. >> thank you. nobody agrees more than me. i am in the transportation business. we need good infrastructure. however, this a man and raises taxes, and that is a bad idea. i am job creator for 41 years. you don't create jobs by raising taxes on small businesses and workers. employees actually root for thei
same economy. what we don't see as clearly are the jobs that are destroyed or prevented from performing as the government first takes that dollar out of the economy. we see those lost jobs and chronic unemployment and a stagnating economy. the government cannot create wealth. can transfer jobs from the productive sector to the government sector by taxing one and spending on the other. it can transfer jobs from one part of the productive sector by taxing and transfer them to another part by...
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Mar 13, 2013
03/13
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CSPAN2
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eye 75
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, dragging down the economy. so, madam president, i come to the floor today to support the amendment by senator cruz because the american people know what they were looking for in health care reform, which was, of course, the care they need from a doctor they choose, at lower cost. and that was not at all provided urn the president's health care law -- under the president's health care law. thank you, madam president. i yield the floor and suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the senator from rhode island. mr. reed: madam president, i ask unanimous consent to dispense with the calling of the quorum. the presiding officer: without objection. mr. reed: thank you, madam president. madam president, i rise to speak today in opposition to the cruz amendment which would prohibit any funding in the continuing resolution from being used to carry out the goals of the affordable care act. the broad scope of this amendment clearly indicates
, dragging down the economy. so, madam president, i come to the floor today to support the amendment by senator cruz because the american people know what they were looking for in health care reform, which was, of course, the care they need from a doctor they choose, at lower cost. and that was not at all provided urn the president's health care law -- under the president's health care law. thank you, madam president. i yield the floor and suggest the absence of a quorum. the presiding officer:...
108
108
Mar 13, 2013
03/13
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FBC
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eye 108
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i don't know how will a robust economy can be created out of this. i mean, if these tax increases which i agree, 1 trillion democrats are proposing and what happened. if it were that will be crushing to the economy. >> with all these tax increases in the pipeline to howland the world to we realize that dream a half percent average annual real gdp growth, the cbo is predicting for the five years. we have to get this growth if we are going to be on track to move toward a balanced budget. lou: the ryan budget does that in the course of n years, but it makes a huge assumption, as just under 2 trillion that would be derived from the elimination of obamacare. that does nothing, -- does not as i said at the outset seem likely. >> not feasible today, but once obamacare goes into effect it could be that those the observable as well a the possible rationing of health care could create such an outcry that this program would be watered down substantially. lou: do you agree? >> exactly. i think he is right. i don't think it wille overturned. even though it is goi
i don't know how will a robust economy can be created out of this. i mean, if these tax increases which i agree, 1 trillion democrats are proposing and what happened. if it were that will be crushing to the economy. >> with all these tax increases in the pipeline to howland the world to we realize that dream a half percent average annual real gdp growth, the cbo is predicting for the five years. we have to get this growth if we are going to be on track to move toward a balanced budget....
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Mar 13, 2013
03/13
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eye 107
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and did helps the overall economy. 2/3 of our economy is consumer spending. so you live in michigan, i don't know if you said you lived near the car industry or anything, but what ford understood is he couldn't become wealthy as a car industrialist unless his employees could buy a car. if you don't pay people the minimum wage, you don't give people -- if you don't share in the wealth, then the economy won't grow. you talked about waste, fraud, and abuse, and i do agree with you on that, there are lots of ways we could cut waste, fraud, and abuse. of course the sequester is no way to do it. just taking a hatchet to the budget and cutting out without really looking at ways that we really could trim the budget and eliminate duplicative programs. thank you for your question. host: the president meets with you on thursday. what do you expect from the meetings? what do you think about the way he's been meeting with other republicans and parties when it comes to budget and spending issues? guest: i think the president can't win for losing. when he doesn't meet with
and did helps the overall economy. 2/3 of our economy is consumer spending. so you live in michigan, i don't know if you said you lived near the car industry or anything, but what ford understood is he couldn't become wealthy as a car industrialist unless his employees could buy a car. if you don't pay people the minimum wage, you don't give people -- if you don't share in the wealth, then the economy won't grow. you talked about waste, fraud, and abuse, and i do agree with you on that, there...
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Mar 13, 2013
03/13
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economy. and i thank you once again, my good friend from california, for making all the important points this evening. mr. garamendi: washington, d.c., your leadership in this community has been known for some time and i thank you very much for joining us tonight. i want to do two things before i end. first of all, medicare is back on the table. the ryan budget takes up medicare once again and provides a voucher that will destroy it. i'm going to change this. medicare, 1965, president 2013, created by l.b.j., destroyed by the g.o.p. i don't think so. seniors don't want it. americans don't want it. the last campaign for presidency, this was one of the major issues and ryan is coming back with it. bad idea, bad timing. and i want to end with this, this is a great country. there is no other place in the world like the united states. it is one terrific country. there is enormous energy in this country, where people want to get a job and go to work and businesses want to grow and hire people. all o
economy. and i thank you once again, my good friend from california, for making all the important points this evening. mr. garamendi: washington, d.c., your leadership in this community has been known for some time and i thank you very much for joining us tonight. i want to do two things before i end. first of all, medicare is back on the table. the ryan budget takes up medicare once again and provides a voucher that will destroy it. i'm going to change this. medicare, 1965, president 2013,...
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Mar 18, 2013
03/13
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this was a way to try to connect central asian economies of south asian economies. president karzai talked about afghanistan as being a central agent -- asian roundabout which goods and services could move. i thought that was right. i also thought that might have been just a beginning. just to also lead not transit benefits for afghanistan and pakistan but someday also to foreign direct investments and other economic ties. that is why we worked so hard on some of the components of this area. we finally finished the transit trade agreement. there is a concept of this effort on the new silk road. they did some are talking about the possibilities afghanistan for investment bayer. i will say one other thing. we tried to pursue this as a whole of government efforts. everybody is working together trying to move this efforts on the new silk road going forward. me that this to highlights of that aspect of diplomacy that talked about in the beginning, power assignment laity. the problem is the picture of warfare to which we claim. peace-making by diplomats. peace building bu
this was a way to try to connect central asian economies of south asian economies. president karzai talked about afghanistan as being a central agent -- asian roundabout which goods and services could move. i thought that was right. i also thought that might have been just a beginning. just to also lead not transit benefits for afghanistan and pakistan but someday also to foreign direct investments and other economic ties. that is why we worked so hard on some of the components of this area. we...
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Mar 17, 2013
03/13
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growth at every stage to get the economy booming. we need to repeal obamacare. [applause] we need to repeal dodd-frank. [applause] talk a a bill you don't have to read further than the title. [laughter] we need to eliminate corporate welfare. [applause] we need to build the keystone pipeline. we need to reign in the e.p.a. [applause] you know, in west texas the e.p.s. a trying to use a lizard to shut down oil and gas productions. my view of lizards, they make darn fine boots. [applause] we need to audit the fed. [applause] we need to stop e.q. infinity. we need to abolish obama education. [applause] education is too important for it to be governed by bureaucrats in washington taking away from parents and kids. and we need to champion school choice. [applause] theels civil rights issue of the next generation. i would like to see more democrats going and splange to young kids trapped in failing schools, young hispanic, young african american why they are willing to consign another generation to not have a fair and equal shot at the american dream. [applause] we ne
growth at every stage to get the economy booming. we need to repeal obamacare. [applause] we need to repeal dodd-frank. [applause] talk a a bill you don't have to read further than the title. [laughter] we need to eliminate corporate welfare. [applause] we need to build the keystone pipeline. we need to reign in the e.p.a. [applause] you know, in west texas the e.p.s. a trying to use a lizard to shut down oil and gas productions. my view of lizards, they make darn fine boots. [applause] we need...
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Mar 19, 2013
03/13
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KCSM
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. >> some positive news for the european economy today. airbus has just signed the biggest civil aviation deal in history. it is with ryanair. >> it will provide a much-needed boost to the economy promising to secure 5000 jobs in france alone over the coming decade. >> the signatures are worth a lot of money. airbus will likely discount package of 234 plans, they have a list price of 18 billion euro. assembly will take part in france with parts from several european locations. it will be at capacity for four years. >> of bills meanwhile pride that we epitomize european success. we are working together to create jobs. >> the deal means more than money and well paying jobs. ryanair is a new customer for airbus. they have previously purchased all their planes from their arrival, boeing. >> the western-backed opposition is meeting in istanbul to p ick the new prime minister. the first tasks is creating a cabinet. >> the conflict is expected to escalate further with britain and france say they plan on our main local groups. especially when it c
. >> some positive news for the european economy today. airbus has just signed the biggest civil aviation deal in history. it is with ryanair. >> it will provide a much-needed boost to the economy promising to secure 5000 jobs in france alone over the coming decade. >> the signatures are worth a lot of money. airbus will likely discount package of 234 plans, they have a list price of 18 billion euro. assembly will take part in france with parts from several european locations....
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Mar 21, 2013
03/13
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FBC
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neil: first day of spring, and is the economy springing back? unemployment down, but a couple of thorns in this otherwise rosy news. fedex's quarterly profit diving by a third now warning this year could be dicey, and next year may be dicier. restaurants seeing the worst sales in three years. market watcher francis newton and whether you should be worrying back with john, and richard benjamin. francis, you're getting worried? >> absolutely. it's ancient dow theory. since when is cost cutting equal profits or equal prosperity? it equals profits in some cases, but not prosperity. the shoe is kind of starting to drop. dow theory covers two components. it covers the loss in production and also the consumer side of it. if companies are choosing freight over express airmail, why are they doing that? what's the incentive behind that? and, again, the dow transports show there's international weakness, so it's sort of, like, a matter of time. we have fiscal issues and now we're starting to see some weakness in the dow theory. neil: you know -- >> keep wa
neil: first day of spring, and is the economy springing back? unemployment down, but a couple of thorns in this otherwise rosy news. fedex's quarterly profit diving by a third now warning this year could be dicey, and next year may be dicier. restaurants seeing the worst sales in three years. market watcher francis newton and whether you should be worrying back with john, and richard benjamin. francis, you're getting worried? >> absolutely. it's ancient dow theory. since when is cost...
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Mar 18, 2013
03/13
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KCSMMHZ
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. >> china may have more friction with its neighbors as it expands its military along with its economy. foreign government officials are waiting to see what kind of diplomatic steps will be taken by chinese leaders. >> i think the new chinese government wants to stabilize its external affairs and focus on internal affairs. so it may be willing to stabilize its relationship with japan and the united states and china and stable economic growth are indispensable for achieving the recovery of china's economy. >> he says he is mainly watching two points. one is the possibility of a power struggle in the three-tiered power structure. and the other is china's one-party system. he doubts that the communist party will get enough support from the people in the future. it appears party officials do not intend to democratize the country. >> how long would they be able to avert change? i believe china will face critical moment in five to ten years from now. >> china's president and premier serve five-year terms. they are often re-elected, though, which means xi and li will probably be in charge for
. >> china may have more friction with its neighbors as it expands its military along with its economy. foreign government officials are waiting to see what kind of diplomatic steps will be taken by chinese leaders. >> i think the new chinese government wants to stabilize its external affairs and focus on internal affairs. so it may be willing to stabilize its relationship with japan and the united states and china and stable economic growth are indispensable for achieving the...
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Mar 20, 2013
03/13
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CNBC
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and global economy. they are doing it, we are seeing them succeed in a lot of different ways. the productivity story is good. that is where elevating standard of living comes from. that is -- we are looking at more confidence going forward now. >> and the dycotomi has been that the smaller businesses have not been able to do that. >> we have to stop picking on them. >> mike and tony will stay with us. situation in cyprus is as dicey as ever. question, will russia come to the rescue? will the banks there ever reopen? and will it stay in the eu? we've reports from moscow and cyprus, coming up next, please stay with us. >> situation in cyprus getting worse today, banks will not open until next week at the he earliest. good evening michelle. >> larry, another day, another attempt to try to come up with a rescue plan for cyprus, today cyprus suggested that they would try to raid a pension fund, and promise to pay the workers down the road. but that idea was not liked. additionally they are trying get money fr
and global economy. they are doing it, we are seeing them succeed in a lot of different ways. the productivity story is good. that is where elevating standard of living comes from. that is -- we are looking at more confidence going forward now. >> and the dycotomi has been that the smaller businesses have not been able to do that. >> we have to stop picking on them. >> mike and tony will stay with us. situation in cyprus is as dicey as ever. question, will russia come to the...
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Mar 19, 2013
03/13
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KQED
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this is the third smallest member of the eurozone, the third smallest economy in the eurozone. nobody expected this to be the center, the crux of the eurozone financial woes, but now it is. many say cypress sleepwalk into the problem. all the warning signs are there, but nobody heeded them. this has long been a tax haven, a country whose banking sector is eight times the size of the economy. cyprus new what was happening in did not take action. now it is a country that is in severe crisis, and it could really set off a chain reaction across the eurozone. that said, it would be unlikely that the eurozone would let them drop out or a bailout that pales in comparison to the rest, but there will have to be a radical the calculus -- the calculation to try to stabilize the entire single currency -- a radical recalculation to try to stabilize the entire single currency. >> thank you. if you thought the euro crisis was over, it may be time to think again. let's go to syria where there is a confused picture over a potentially dangerous development tonight. the syrian government and rebe
this is the third smallest member of the eurozone, the third smallest economy in the eurozone. nobody expected this to be the center, the crux of the eurozone financial woes, but now it is. many say cypress sleepwalk into the problem. all the warning signs are there, but nobody heeded them. this has long been a tax haven, a country whose banking sector is eight times the size of the economy. cyprus new what was happening in did not take action. now it is a country that is in severe crisis, and...
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turn this into a debate about national health care and whether we should have when the economy as well government doesn't know how to live our lives it's what's one hundred ways forget the health care costs it costs us lost productivity lost wages lost friendships lost relationships lost moms and dads and kids i mean there's all kinds of expenses beyond the health insurance costs but to that point yes you know we as a society know that either add up or a minute you have you're saying what you're saying is the old you're on probably your barons be sure that we pick up the cost of their. are killing people eggs and i want to convey to you that because no sugar bear and puts a gun to anyone's head and forces them to take a soft drink. actually that's not true in fact many are adamantly you know actually as people of the un perhaps a little league it looked without your permission i really do that really yes really how did in many instances it's the whole goal of the drug dealer to find a way to hook you so that afterwards then they can sell to you so there's you on exactly the thing that
turn this into a debate about national health care and whether we should have when the economy as well government doesn't know how to live our lives it's what's one hundred ways forget the health care costs it costs us lost productivity lost wages lost friendships lost relationships lost moms and dads and kids i mean there's all kinds of expenses beyond the health insurance costs but to that point yes you know we as a society know that either add up or a minute you have you're saying what...
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Mar 19, 2013
03/13
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CSPAN
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ignore the economy. all the answers lie in washington, take more from hard-working small businesses. take more from families. spend it in washington. and oh, by the way. we don't have a crisis. that is scare mongering. you know what? try telling that to our children and grandchildren who are guaranteed to get a lower standard of living. try telling that to the struggling workers, the families and people in poverty who aren't cutting it in this economy. balancing the budget. helps us promote a healthy economy to create jobs and get people back on their feet again and that's exactly why we are proposing and passing this budget. i yield back the balance of my time. the chair: all time has expired. the chair: the gentleman from texas, mr. brady and the gentlewoman from new york, mrs. maloney, will each control 30 minutes on the subject of economic goals and policy. the chair recognizes the gentleman from texas. mr. brady: thank you, mr. speaker, during the annual debate -- i yield myself such time as i may c
ignore the economy. all the answers lie in washington, take more from hard-working small businesses. take more from families. spend it in washington. and oh, by the way. we don't have a crisis. that is scare mongering. you know what? try telling that to our children and grandchildren who are guaranteed to get a lower standard of living. try telling that to the struggling workers, the families and people in poverty who aren't cutting it in this economy. balancing the budget. helps us promote a...
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Mar 20, 2013
03/13
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let's grow the economy. let's reform the tax system, let's stop picking winners and losers through loopholes, lower tax rates for everybody, families and businesses to create jobs and commig growth. let's open up the resources we have in this country, oil, coal, gas so we can bring down gas prices. increase paychecks, create jobs, help manufacturing. we have a safety net that isn't working. we have the highest poverty rates in a generation. 46 million people in poverty. we need to fix this safety net so so that it works to get people back on their feet again. we need to save medicare so that it's not bankrupt because it is on a path to bankruptcy. so that the current seniors can rest in comfort knowing that it's not going to be taken away from them, so that the obamacare rationing board won't take it from them and so that those of white house are younger can plan for it -- of us who are younger can plan for it. we need to balance the budget. balancing the budget is necessary for a healthy economy. for creati
let's grow the economy. let's reform the tax system, let's stop picking winners and losers through loopholes, lower tax rates for everybody, families and businesses to create jobs and commig growth. let's open up the resources we have in this country, oil, coal, gas so we can bring down gas prices. increase paychecks, create jobs, help manufacturing. we have a safety net that isn't working. we have the highest poverty rates in a generation. 46 million people in poverty. we need to fix this...
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Mar 14, 2013
03/13
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FOXNEWSW
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. >> still more money that guess out of the economy and doesn't have an impact. more importantly, though, it's still sold the same way. still taxing the rich corporations and rich americans who have unfair advantages. so it leaves the door open to another sort of tax the next go-around. i didn't think -- >> neil: i thought that was off the table. >> after you get $41 in tax hikes with one dollar in tax cuts. >> there is the argument that you have the ryan plan, the murray plan, maybe have two sides that could broach some differences but i see some chasm >> but it's a more hopeful tone on both parties. the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for
. >> still more money that guess out of the economy and doesn't have an impact. more importantly, though, it's still sold the same way. still taxing the rich corporations and rich americans who have unfair advantages. so it leaves the door open to another sort of tax the next go-around. i didn't think -- >> neil: i thought that was off the table. >> after you get $41 in tax hikes with one dollar in tax cuts. >> there is the argument that you have the ryan plan, the...
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Mar 17, 2013
03/13
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LINKTV
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what they want is to destroy the private economy and to build the communal economy. ri,for the people in pata there's a lot at stake in the election. both candidates have promised to keep funding social programs, but the economic reality may mean cuts. that would make life here in even harder. al jazeera, caracas. bia, authorities into the jungle to recover cocaine. the confiscated drug has a street value of at least $90 million and was destined for uses in the united states. three months after typhoon bopha hit the philippines, millions of people are still dealing with its effects. among them, banana farmers, who say it will take them at least two years to recover. we meet some of the people who defend on the fruit for their income -- depend on the fruit for their income. >> this is a banana plantation. all of it was devastated when typhoon bopha hit. with the packing shutdown and employees laid off, he feels helpless. in ours not even imagination. we never thought such devastation could happen to us. everything was gone in an instant. >> typhoon bopha was the stron
what they want is to destroy the private economy and to build the communal economy. ri,for the people in pata there's a lot at stake in the election. both candidates have promised to keep funding social programs, but the economic reality may mean cuts. that would make life here in even harder. al jazeera, caracas. bia, authorities into the jungle to recover cocaine. the confiscated drug has a street value of at least $90 million and was destined for uses in the united states. three months after...
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find out what's really happening to the global economy. for our no holds the global financial headlines kaiser reports. more news today. the from these are the images the world has been seeing from the streets of canada. today. to get. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a half hour later you want to start another one this year ever ok you saw it what's going on there next. yes that's a train down there coming into penn station but you know there are consequences the biggest story that we've been covering here in the kaiser report for the past three or four years and china has been very vocal speaking out against the currency war why china fears currency wars on friday commerce minister chen deming was the latest to raise concerns about competitive currency depreciation and the effects of excessive money printing by central banks the head of china sovereign wealth fund was less diplomatic reportedly warning japan against treating your neighbors as your garbage bin and starti
find out what's really happening to the global economy. for our no holds the global financial headlines kaiser reports. more news today. the from these are the images the world has been seeing from the streets of canada. today. to get. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a half hour later you want to start another one this year ever ok you saw it what's going on there next. yes that's a train down there coming into penn station...
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but market economy so the worry of the people who discussed the candidates or potential candidates in the previous period the worry was this trend to state capitalism symbolized by some people and some names now bulimia is there from italy the continuation of the policy of economic stability of adequate rates of inflation versus the exchange rate of ruble will be very cautious she will be very tough on those who want to violate the status quo also from this point of view more of the economic liberties and more of the economic discipline more of the financial stability that will be the moto of mrs not be all in favor that very much. let's quickly run through the markets very troubling trade on wall street where the session is in full swing this hour the dow and that as dot com managing to stay in the positive territory at the moment european shares and is it a mixed on wednesday the footsie closed in the red the dax managed to stay above the line just barely in moscow stocks should value on wednesday losses in europe and asia and of course sliding crude prices proved a bit too much for
but market economy so the worry of the people who discussed the candidates or potential candidates in the previous period the worry was this trend to state capitalism symbolized by some people and some names now bulimia is there from italy the continuation of the policy of economic stability of adequate rates of inflation versus the exchange rate of ruble will be very cautious she will be very tough on those who want to violate the status quo also from this point of view more of the economic...
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Mar 18, 2013
03/13
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CSPAN2
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eye 89
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does this really sound like an economy that can stand another massive tax increase? i don't think so. president obama said to abc news that we shouldn't try to balance the budget just for the sake of balance. well, once again the president was knocking down a strawman. we weren't talking about doing something symbolic. we were talking about doing something real, something that would benefit the economy and job growth and getting people back to work instead of dependency which i know none of them want. we see more and more people on food stamps, more people receiving disability benefits, more people on unemployment. people who would like to get back to work and to regain their sense of dignity and self-sufficiency but because the economy is growing so slowly, they can't do that. we believe that balancing the budget and reducing our debt burden is absolutely essential to long-term economic growth. long-term economic growth which creates more jobs, more taxpayers, people actually putting money into the treasury to help us balance our deficits. we also believe that balan
does this really sound like an economy that can stand another massive tax increase? i don't think so. president obama said to abc news that we shouldn't try to balance the budget just for the sake of balance. well, once again the president was knocking down a strawman. we weren't talking about doing something symbolic. we were talking about doing something real, something that would benefit the economy and job growth and getting people back to work instead of dependency which i know none of...
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Mar 21, 2013
03/13
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CNBC
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we like cyclical areas, the economy, reliant steel, i mentioned, which we think is part of the u.s. manufacturing renaissance. we like china here, too, which has been through a big bear market, just starting to come back out of it. our numbers indicate china is going to be recovering the second half of the year and going on a bigger growth. air china is a great stock, we think. two or three times cash flow. 40% off its highs from just a couple years ago. >> and jack, to wrap it up, you guys both just recommended financials, we're watching what's going on in cyprus. do the weakness in european banks benefit our banks at all? >> i would say in general, it does. you know, it certainly puts the u.s. in a better light. it puts the u.s. banking system in a better light. you know, while we're certainly not out of equities, in fact, we're overweight high volatility asset classes, you know, i would prefer to at least at this stage, you know, make our money here at home. >> got it. relatively speaking. looking better. thank you very much, jack and steve. and by the way, we're sitting around s
we like cyclical areas, the economy, reliant steel, i mentioned, which we think is part of the u.s. manufacturing renaissance. we like china here, too, which has been through a big bear market, just starting to come back out of it. our numbers indicate china is going to be recovering the second half of the year and going on a bigger growth. air china is a great stock, we think. two or three times cash flow. 40% off its highs from just a couple years ago. >> and jack, to wrap it up, you...
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then the going to me of china and today the chinese economies more than three dimes the economy of friends so even if you are an eighty of the magnitude of what is happening in this part of the world of course what. young wants to do is to go on to go into the spa self success of china and i think they will be able to do that of course they have to face they are facing many challenges janet number one gross but we are expecting a gross of seven point five percent. in china in you know or so that the new leader of gen x. being wants to go to the corruption this is absolutely fundamental for the legitimacy of the of the party and to tackle the mounting pressure on the n.p.r. unmanned and i think they will be able to do damage to that he's a team which is extremely experienced and these are manageable challenges of course you know they have to sustain their chinese run a songs they will do a great chinese education system i think especially the. asian stem. one of the challenges or so they are facing east to the big three of distribution off waiters in the country and from that point of view
then the going to me of china and today the chinese economies more than three dimes the economy of friends so even if you are an eighty of the magnitude of what is happening in this part of the world of course what. young wants to do is to go on to go into the spa self success of china and i think they will be able to do that of course they have to face they are facing many challenges janet number one gross but we are expecting a gross of seven point five percent. in china in you know or so...
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all eyes are on whether they're you vamp leadership and keep the growth going to surpass america's economy in a few years. a contentious referendum that saw the folk in islands choose to remain british brings to light a story of another island his residents had no say when britain deprived them of their land. in the russian capital you're watching r t with me marina joshie the oscar winning blockbuster argo may have been basing in gongs and glowing praise but now it's getting some attention its makers probably don't want iran's apparently planning a lawsuit over the movie which chronicles the storming of the u.s. amas and iran in one nine hundred seventy nine calling it a distorted and unrealistic portrayal of their country. on a drama that's now being released. you won't see such at the oscars every year none other than the u.s. first lady announced the best movie award and ben affleck could not hide his delight at scooping the top statue for our goal not forgetting though to stick another boot into iran's backside right at the ceremony and we think canada like our friends in iran living
all eyes are on whether they're you vamp leadership and keep the growth going to surpass america's economy in a few years. a contentious referendum that saw the folk in islands choose to remain british brings to light a story of another island his residents had no say when britain deprived them of their land. in the russian capital you're watching r t with me marina joshie the oscar winning blockbuster argo may have been basing in gongs and glowing praise but now it's getting some attention its...
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Mar 18, 2013
03/13
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CSPAN
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our economy cannot afford it. it must be every conservative's mission to defund it and move away from socialized medicine before it is implemented. 2013 is a challenge. let can to canton andit must be a year where we wage attack against and those forces in the republican establishment that hijacked the conservative movement. we must not rest. as conservatives, we all believe america is an exceptional nation. we do not want our beloved nation to have the financial books of greece or the gun laws of china. waynds, i fear that is the we are headed. president obama and his left- wing liberals -- the media is in the bag for this administration, and we all know it, which is why the grass roots of our movement must not sit on the sidelines. you must redouble your efforts and together we must fight those who want to sell out our principles. remember reagan's three pillars of conservatism -- free enterprise, strong national defense, and per-family social policies. we must not cede these principles to president obama on one
our economy cannot afford it. it must be every conservative's mission to defund it and move away from socialized medicine before it is implemented. 2013 is a challenge. let can to canton andit must be a year where we wage attack against and those forces in the republican establishment that hijacked the conservative movement. we must not rest. as conservatives, we all believe america is an exceptional nation. we do not want our beloved nation to have the financial books of greece or the gun laws...
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Mar 21, 2013
03/13
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CSPAN2
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for the economy. but to get devote, my senior senator and friend has asked me about the sequester in virginia. and, mr. president, as some of you might know, i took the floor for my maiden speech on this topic last month a little bit earlier than i would have wished to have talked as a freshman senator but with the specter of sequester having such a significant effect on the commonwealth of virginia, i -- i just felt like i couldn't be silent about it. and i have a senate colleague here from hawaii, senator hirono, who i know feels equally strongly about this issue. i took a tour throughout virginia in the middle of february that was designed before sequester was looming to talk to people who were affected about especially in the armed services area and he heard their stories, senator -- and i heard their stories, senator warner, about sequester and the anxieties and threats that it posed. beginning in early april, 90,000 -- 90,000 -- civilian d.o.d. employees will start to be furloughed, just in the
for the economy. but to get devote, my senior senator and friend has asked me about the sequester in virginia. and, mr. president, as some of you might know, i took the floor for my maiden speech on this topic last month a little bit earlier than i would have wished to have talked as a freshman senator but with the specter of sequester having such a significant effect on the commonwealth of virginia, i -- i just felt like i couldn't be silent about it. and i have a senate colleague here from...
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Mar 20, 2013
03/13
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CSPAN
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we just hit the economy with a $1.6 trillion tax increase. the economy's not roaring right now. and what they're saying, let's o that all over again. we are saying fix the tax code, replace it with a pro-growth tax system that helps small businesses, that helps job creators, that helps families. get government spending's appetite under control. the government is supposed to be spending 5% on average for the next 10 years. that's too much. that's much more than what the family budget gets. we sebring it down to 3.-- we say bring it down to 3.4%. when we look at all the smoke and mirrors, all the claims, none of the democratic budgets that's being brought to the floor ever, ever balance the budget. how is that a balanced plan? balancing the budget is what every family does. balancing the budget is what every business does. balancing the budget is what every local government does. surely our federal government can do this, and one of the key ingredients to growing this economy, to making american businesses big and small competitive so they can create jobs and create take-home pay
we just hit the economy with a $1.6 trillion tax increase. the economy's not roaring right now. and what they're saying, let's o that all over again. we are saying fix the tax code, replace it with a pro-growth tax system that helps small businesses, that helps job creators, that helps families. get government spending's appetite under control. the government is supposed to be spending 5% on average for the next 10 years. that's too much. that's much more than what the family budget gets. we...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines two kinds a report on. the emission free cretaceous three cents for charges free to arrangements three. three stooges free. old free broadcast quality video for your media projects and free media. dot com you. will see a story and it seems so you think you understand it and then something else you hear or see some other part of it and realize that everything you thought. i'm tom harpur welcome to the big picture. he is a retired four star general of the u.s. air force and also served as director of america's national security agency and central intelligence agency joining our team now for an exclusive one on one interview is general michael hayden thank you very much for taking the time to speak with me today thank you i'd like to begin our discussion with major news events that took place last week that event the death of venezuelan president hugo chavez now mr chavez was known for his hard line stance towards the u.s. he even accused the cia once of
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines two kinds a report on. the emission free cretaceous three cents for charges free to arrangements three. three stooges free. old free broadcast quality video for your media projects and free media. dot com you. will see a story and it seems so you think you understand it and then something else you hear or see some other part of it and realize that everything you...
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Mar 15, 2013
03/13
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CSPAN2
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the economy is based there. if our end goal is to simply better manage the disaster that is the federal government, you can count me out. i'm not signing up for that. i mean, honestly, who do you hear wants to sign up to slow -- to help manage the slow decline of the united states of america? i sure don't. that's what we have democrats for. [applause] >> the democratic party promises to be the party of more, but they're actually the party of less. they're the party of economic contraction. austerity and less for the american economy. the only thing they offer more of is government. the republican party must become the party of more, the party that creates growth. the party that creates more in the real economy. as margaret thatcher famously on served, first you must win the argument, then you can win the election. [applause] >> and by the way, it's time for all of us to remember that we're not in this just to win elections. we are in this to make america the greatest she can be. [applause] >> to make america the
the economy is based there. if our end goal is to simply better manage the disaster that is the federal government, you can count me out. i'm not signing up for that. i mean, honestly, who do you hear wants to sign up to slow -- to help manage the slow decline of the united states of america? i sure don't. that's what we have democrats for. [applause] >> the democratic party promises to be the party of more, but they're actually the party of less. they're the party of economic...
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find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune in to kaiser report on our. mission free accreditation free transport judges free. range ones free risk free. to tide free. download free broadcast quality video for your media projects for free media dog r t v dot com mean. they've been living this way since the seventeenth century. their rituals are strict. their communities on the silicon. they clearly distinguish between their own and the alien. and guard their family and faith and the treasure. he is a retired four star general of the u.s. air force and also served as director of america's national security agency and central intelligence agency joining our team now for an exclusive one on one interview is general michael hayden thank you very much for taking the time to speak with me today thank you i'd like to begin our discussion with major news event that took place last week that event the death of venezuelan president hugo chavez now mr chavez was known for his hard line stance towards
find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune in to kaiser report on our. mission free accreditation free transport judges free. range ones free risk free. to tide free. download free broadcast quality video for your media projects for free media dog r t v dot com mean. they've been living this way since the seventeenth century. their rituals are strict. their communities on the silicon. they clearly...